Browsing: economic outlook
The Wall Street economist who nailed the Fed’s ‘joyous’ rate cut sees the same thing again
Michael Feroli, JPMorgan’s chief U.S. economist, was one of the only forecasters on Wall Street who accurately predicted the Federal…
People are worried about losing their jobs even though the economy is good—it’s a ‘vibecession’
The economy may look strong on paper, but Americans are more worried than ever about losing their jobs as fears…
August’s stock market fiasco is a ‘stark red flag’ for what’s to come, veteran hedge funder warns
August 5, 2024 was a trying day for investors worldwide, as stock markets from Japan to the U.S. were whipsawed…
In a sea of economic uncertainty, Costco has long stood out as a lighthouse. In four decades, its hot-dog-and-a-drink combo…
One of the most accurate recession indicators is close to sounding the alarm as unemployment continues to rise
While unemployment is still historically low, its rate of increase could be a sign of deteriorating economic conditions. That’s where…
Bundesbank president hits back at recession-plagued Germany’s ‘sick man of Europe’ title: ‘I’m more worried that Europe is getting sick’
Germany has become a rare punching back for the rest of Europe, as crippling production levels, falling exports, and waning…
The booming American economy leads the IMF to upgrade its outlook for the whole world this year
The International Monetary Fund has upgraded its outlook for the world economy this year, envisioning resilient growth led by the…